Plastindia Foundation backs India’s global push against plastic pollution at INC-5, Busan

Mr. Rajesh Gauba and Mr. Punit Madan from CPMA, and Dr. Sameer Joshi from the Indian Plastic Institute, represented Plastindia Foundation at the recently held Intergovernmental Negotiating Committee (INC-5) at Busan, South Korea, during November 25- 1 December, 2024.

‘At the Intergovernmental Negotiating Committee (INC-5) in Busan, South Korea, India introduced a multilateral fund aimed at supporting developing nations in the fight against plastic pollution. This initiative will offer financial assistance, technology transfer, and grant-based finance to help countries transition to sustainable practices.

Key Highlights:

1. Financial and Technical Support for compliance with global plastic reduction measures
2. Funding from Developed Nations to cover transition costs
3. Practical Model drawn from successful initiatives like the Montreal Protocol

India’s proactive approach is a step towards a cleaner, sustainable future for all. This initiative underscores India’s commitment to global action against plastic pollution.